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Updated about 1 year ago,
How To Not Get Disgruntled Putting In Offers
Hi everyone, looking for some wisdom here!
My wife and I have been putting in offers on multifamily properties in our area since January of this year and have had no luck so far
- Outbid
- Cash offers
- Better terms
This would be our first property together and a house hack. We'd be putting down 5% w/ a 30 year conventional loan (a lot of properties we've seen won't pass FHA) and we would plan on buying and holding
All of our offers have been over the asking price and we've had no luck
Should we put the search on hold and wait for the market to do whatever the market does? Or, continue putting in offers and eventually we'll get one
Thank you in advance